What Lokyata does

Lokyata is a U.S.-based, privately held fintech that sells an AI-powered loan decisioning and autofunding platform to consumer installment lenders. The company was founded in 2017 and is incorporated in Ohio, with operations focused exclusively on the U.S. small-dollar lending market, addressing the estimated 45 million Americans without access to fair credit. Its product portfolio is organized around the XRV Decisioning Engine and three integrated modules: LeadBuy (AI-powered lead screening with fraud detection and alt-data integration), XRV3 (configurable workflow automation for lead buy and underwriting), and BANKAnalyze (AI-assisted cash flow underwriting informed by 240K Lead-to-Loan datasets and 200+ borrower behavior signals).

The platform processes over 10M loan applications per month and delivers decisioning approximately 200 times faster than manual review, using a combination of auto-approve, auto-deny, and agent-supported review flows governed by lender-specific rules. Underlying the product is a proprietary data flywheel built over nearly a decade, drawing on tens of thousands of historical loan outcomes to train cash flow analysis algorithms and fraud models. The platform is SOC-2 Type 2 certified across all five trust service criteria and embeds within lender technology stacks through integrations with eight named partners covering loan management systems, financial data aggregation, decisioning, and fraud services.

Lokyata operates an enterprise field sales motion targeting U.S. financial institutions, using demo requests and case studies as primary demand-generation channels. Revenue is generated through volume-based subscription contracts that scale with loan volumes, with multi-year terms and white-glove onboarding and support included. The company is founder-led under CEO and co-founder Santosh Thiruthi, with Stephen Bireley as CTO and Charu Ramanathan as Founding Chairman, and has raised $1.5M in disclosed funding since 2018.

Name

Lokyata

Legal name

Lokyata, Incorporated

Website

https://lokyata.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Lokyata is a U.S. fintech providing an AI-powered loan decisioning and autofunding platform for consumer installment lenders. Its XRV engine and modules (LeadBuy, XRV3, BANKAnalyze) automate lead screening, cash flow underwriting, and portfolio analytics at scale.

Ownership category

akta.pro rank

Product category

Credit Decisioning Software

NAICS

Activities Related to Credit Intermediation (5223)

SIC

Loan Brokers (6163)

akta.pro primary industry

Credit Decisioning Engines (Rules, Scorecards, ML) (FSAGAHAB)

akta.pro secondary industry

BNPL Underwriting & Credit Decisioning Platforms (FSAGAIAD)

Keywords

• Consumer lending software
• Credit decisioning platform
• Cash flow analysis
• Loan underwriting AI
• Lead screening platform

Headquarters

HQ city

Lyndhurst

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Platform Software Subscription: Lokyata provides a complete loan decisioning and autofunding platform with pricing that scales with loan volumes. The company offers white-glove onboarding and support, indicating a subscription-based model tied to usage volume.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lokyata provides an AI-powered loan decisioning and autofunding platform for consumer installment lenders. The platform combines intelligent lead screening (LeadBuy), workflow automation (XRV3), and AI-assisted cash flow underwriting (BANKAnalyze), supported by a core XRV Decisioning Engine that uses 200+ borrower behavior signals and proprietary cash flow analysis to automate auto-approve, auto-deny, and agent-supported review decisions across the full lead-to-loan-to-paid-off lifecycle.

Product overview

Lokyata offers a complete loan decisioning and autofunding platform built around its XRV Decisioning Engine. The platform consists of three integrated modules: LeadBuy (AI-powered lead screening and fraud detection), XRV3 (workflow automation for lead buy and underwriting), and BANKAnalyze (AI-assisted cash flow analysis for funding decisions). These modules work together to enable intelligent lead purchase, automated credit decisioning using 200+ borrower signals, and continuous portfolio optimization—supporting the full lifecycle from lead selection through loan funding, repayment, and repeat eligibility.

Differentiator

Problem solved

Functional benefit

Brands

• LEADBUY: Sophisticated Lead Decisioning solution featuring integrated lead screening, AI fraud models, fraud consortiums, and plug-and-play integration with alt-data providers and credit reporting agencies.
• XRV3
• BANKANALYZE

Products and services

• Lokyata XRV Decisioning Engine Core AI-powered decisioning engine that orchestrates the entire loan decisioning workflow, enabling automated approval, denial, and agent review based on borrower behavior signals and cash flow analysis. Targeted at consumer installment lenders and financial institutions.
• LeadBuy AI-powered lead decisioning module providing integrated lead screening, fraud detection models, and access to alt-data providers and credit reporting agencies for optimizing lead quality before purchase. Targeted at consumer installment lenders evaluating lead acquisition.
• XRV3 Workflow automation module that self-serves lead buy workflow and automates existing underwriting processes with customizable rules-based borrower screening according to lender-specific policies. Targeted at lending operations teams seeking workflow automation.
• BANKAnalyze AI-assisted cash flow analysis module that automates funding decisions by analyzing borrower transactions using sophisticated cash flow algorithms and 200+ borrower signals drawn from tens of thousands of loan outcomes. Targeted at underwriters and credit teams at consumer lenders.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability6 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core.

• DecisionLogiccoreTechnology or IntegrationIntegration partner shown in Lokyata's platform ecosystem logo section. Provides decisioning data services integrated with Lokyata's workflow.
• Chirp DigitalcoreTechnology or IntegrationIntegration partner providing digital services integrated with Lokyata's platform ecosystem.
• Answers EtccoreTechnology or IntegrationIntegration partner providing data services integrated with Lokyata's platform ecosystem.
• flinkscoreTechnology or IntegrationIntegration partner providing financial data aggregation services integrated with Lokyata's platform ecosystem.
• InfinitycoreTechnology or IntegrationIntegration partner integrated with Lokyata's platform ecosystem for consumer lending workflows.
• microbiltcoreTechnology or IntegrationIntegration partner providing alternative credit data integrated with Lokyata's platform ecosystem.
• Spark LMScoreTechnology or IntegrationIntegration partner - Loan Management System integrated with Lokyata's platform ecosystem.
• TotalitycoreTechnology or IntegrationIntegration partner integrated with Lokyata's platform ecosystem for lending workflow automation.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Provenir: Provenir offers a no-code AI risk decisioning platform for lenders and fintechs, with credit decisioning, fraud, and onboarding workflows. It is the closest direct competitor to Lokyata's XRV decisioning engine in the consumer and small-business lending space.
• Zest AI: Zest AI provides AI-based credit underwriting software for lenders, focused on cash-flow and alternative data decisioning for near-prime and underbanked borrowers. Its target segment and AI-underwriting approach are highly comparable to Lokyata's BANKAnalyze and XRV engine.

Broad incumbents

• Upstart: Upstart operates an AI-driven lending marketplace that originates consumer loans using cash-flow and alternative data underwriting. Although Upstart lends on its own balance sheet, its AI underwriting core is the same category of technology Lokyata sells to lenders, making it a broad incumbent reference point.
• nCino: nCino is a bank operating system that includes credit decisioning, onboarding, and loan origination workflows for financial institutions. It competes with Lokyata in the decisioning layer, especially inside mid-size and community banks that buy bundled platforms.
• Blend: Blend is a digital lending platform for banks and lenders covering consumer, mortgage, and small-business workflows with embedded decisioning. It is a broader incumbent that overlaps with Lokyata on consumer installment and SMB loan decisioning.
• FICO: FICO is the dominant credit scoring and decisioning incumbent, with FICO Platform and analytics offerings sold to lenders globally. It represents the legacy incumbent Lokyata is positioning against in the small-dollar and alternative-data decisioning category.
• Experian: Experian combines credit bureau data with analytics and decisioning software (Experian Decisioning, Ascend). It is a broad incumbent that bundles data and decisioning into offerings competitive with Lokyata's integrated data + decisioning platform.
• Equifax: Equifax provides credit data, analytics, and decisioning software (e.g., InterConnect, Data Decisions) to lenders. It competes in the same lender decisioning category, especially for organizations looking for bundled data-plus-decisioning solutions.

Emerging players

• Personetics: Personetics provides AI-driven financial insight and engagement tools to banks, with growing capabilities in cash-flow analytics. It is an emerging adjacent player in the same AI-for-lenders category as Lokyata, though focused more on engagement than origination decisioning.

Others

• Plaid: Plaid is a financial data connectivity platform that powers bank-account, income, and cash-flow data flows to lenders and fintechs. It sits one layer below Lokyata as an enabling infrastructure provider and is comparable because Lokyata's decisioning depends on similar bank-data integrations (e.g., Flinks, Microbilt).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lokyata